MOU with Tradex Auditing of Accounts LLC, Dubai-UAE

In a significant move towards fostering cooperation, The Institute of Forensic Accountants of Pakistan (IFAP) and the Tradex Auditing of Accounts LLC, Chartered Accountants & Consultants, Dubai-UAE have formally signed a Memorandum of Understanding (MOU) on August 15, 2024 for export of forensic accounting and forensic auditing services to UAE and exploring professional and business opportunities for IFAP members through collaborative initiatives. The MOU was signed, exemplifying the commitment of both Institutions to enhancing the forensic accounting and forensic auditing profession’s knowledge and professional development. This MOU would entail designing distance education programs, designing study materials for students, examination systems, and disciplinary and regulatory mechanisms by IFAP for the benefit of the UAE.

The collaborative MOU seeks to establish a platform for mutual cooperation aiming at the advancement of forensic accounting and forensic auditing knowledge, professional and intellectual development, and the progress of their respective professions. This dynamic partnership is poised to make a positive impact on the forensic accounting and forensic auditing profession in both the Pakistan and UAE. The MOU signifies a pivotal step in strengthening bilateral relations. This MOU will establish closer working linkages between IFAP and Tradex as it will enable the two to draw synergies from the professional expertise available with each other in areas of forensic accounting, forensic auditing, technical research, and corporate governance and alike.